Mixed-Use Property with Living
For Sale
$399,900
W4254 County Road K, Random Lake, WI 53075
Character details include a carved bar, tin ceilings, and integrated living quarters.
Property Size3,082 SF
Days on Market258
Property Features for W4254 County Road K
General Information
Standard status
Active
Size
3,082 SF
Total Parking Spaces
20
Property subtype
Commercial
Zoning
Res, comm
Taxes and HOA fees
Annual Taxes
$2,721
Building Details
Building Size
3,082 SF
Year Built
1885
Listing Agency:
Boss Realty, LLC
(262) 689-0022
Listed By:
Thomas Zernia · License #5745190
(262) 689-0022
Source:
Therealtycompanyllc
Added: Nov 20, 2025
Changed: Aug 4
Last Checked: Aug 4 at 2:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Boss Realty, LLC
Investment Insights
Based on property information with market context.
Dating to 1885, this mixed-use property combines commercial character with living quarters in the same building. Interior details include a carved bar and decorative tin ceilings, offering distinctive features that set the space apart from newer construction.
The property carries both residential and commercial zoning designations, identified as Res, comm. Its combination of business space, embedded residential quarters, and period detailing supports a range of owner-occupied mixed-use concepts, subject to applicable zoning requirements.
The property carries both residential and commercial zoning designations, identified as Res, comm. Its combination of business space, embedded residential quarters, and period detailing supports a range of owner-occupied mixed-use concepts, subject to applicable zoning requirements.
Key Highlights
- Built in 1885
- Carved bar adds distinctive interior character
- Decorative tin ceilings
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.6k | $17.40 |
| − Vacancy | −$8.8k | −$2.87 |
| EGI | $44.8k | $14.53 |
| − OpEx | −$11.2k | −$3.63 |
| NOI | $33.6k | $10.90 |
3,082 SF · lease $17.40/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$578.9K
$506.6K – $675.4K
NOI $40,525 @ 7.0% cap · market cap 10.13%
Second Best
Office B
$479.8K
$419.8K – $559.7K
NOI $33,584 @ 7.0% cap · market cap 8.40%
Theoretical Best
Office A
$671.7K
$587.7K – $783.6K
NOI $47,018 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 53075, WI
3,219
Population
1,475
Households
2.2
Avg Household Size
48
Median Age
24%
College-Educated
94%
High-School Grad
36.5 sq mi
ZIP Area
88
Density / Sq Mi
$90,917
Median Household Income
$49,385
Median Earnings
$890
Median Rent
$273,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Character details include a carved bar, tin ceilings, and integrated living quarters.
Where is this mixed-use property located?
The property is located at W4254 County Road K Random Lake, WI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Built in 1885; Carved bar adds distinctive interior character; Decorative tin ceilings
